PJT Partners Investment Banking Pitch Book
South Texas
Attribute
Total Acreage(1)
Active Wells
Production
Targeted
Formations
Q2 '17 Results
(1) As of 12/31/16.
Key Features
49,300 net acres
93% HBP (100% Core)
235 operated wells
Q2 2017: 3.7 MBoe/d
Eagle Ford
• Buda
Austin Chalk
Produced 3.7 Mboe/d, a
decrease of 0.3 Mboe/d, or 8%,
from Q1 2017
Significant held-by-production
acreage provides development
flexibility
Offset operator fracing numerous
wells in the Boll/Calvert area
causing shut-ins and increased
water production
Larger completion designs have
greatly improved well recoveries
and performance; last wells drilled
are best in EXCO portfolio
SOUTH TEXAS OVERVIEW
Zavala
Dimmit
NET PRODUCTION (BOE / D)
8,000 7,100 6,500
7,000 6,200 6,500
6,000
5,000
4,000
3,000
2,000
1,000
0
Frio
7,300
7,200 7,300
6,100
5,900 6,000
La Salle
6,500
5,400
TX LA
C
EXCO Acreage
4,500
4,500 4,000
3,700
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
13 13 14 14 14 14 15 15 15 15 16 16 16 16 17 17
10
DRAFTView entire presentation